Anhui Yuhang Paimeng focuses on graphene thermal-management technology and products, including consumer heating, medical, and automotive applications. The company holds more than 217 patents in the graphene heat-management field and is recognized as a national-level specialized and new 'little giant' enterprise. It has strategic partnerships with Huawei, Xiaomi, Yunnan Baiyao and Guoxuan High‑Tech, and is a global qualified supplier for Carrefour (France), HEMA (Netherlands) and Costco. The firm operates a production base in Dezhou, Shandong that began production at the end of 2021 and has ISO9001, ISO14001, FDA and GMP certifications. Headquartered in Shushan District, Hefei, the company is expanding capacity with a new Tai'an base slated to begin trial production in March 2024 and full production in May 2024. Financially, Yuhang Paimeng completed a C round totaling RMB 220 million raised via a mix of equity and debt. Anhui Yuhang Paimeng Health Technology Co., Ltd. (宇航派蒙) develops graphene-based thermal-management materials, devices and consumer health products, including graphene heating films and a wide range of wearable and home heating items. Its product lines include graphene health series (waist belts, eye masks, neck and knee supports), home series (heating blankets, cushions, pads), clothing items and graphene environmental products; the company reports major channel and corporate customers such as Xiaomi, Yunnan Baiyao, BMW and multiple large e-commerce platforms. The firm says it holds over 90 patent applications in graphene materials, devices and applications and developed a PI‑based graphene flexible heating film with independent IP; its “graphene double‑sided hot waist belt” won an innovation gold award in 2019. Manufacturing capacity includes a 4,000 m2 graphene electric-heating device production base in Dezhou and plans for a larger R&D/production campus of about 40,000 m2; it also operates a Shenzhen subsidiary. The company has pursued multiple rounds of financing, entered listing guidance and plans to submit an IPO filing in March 2022 as part of a multi‑year push to go public. During the COVID period it reported strong demand for a graphene air‑disinfection bottle in the Korean market.

Total raised

$40M

Funding rounds

3

Latest round

Series C

Latest activity

Oct 2023